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What is the basic goal of a business?

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Question added by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town
Date Posted: 2014/04/06
Fida Abo Alrob
by Fida Abo Alrob , Sr. Copywriter , Imena Digital

I think it depends on your business nature. But the general goal is to make profit wiith less expanses, there are some secondary goals such as helping people by the service you provide or by creating opportunities. 

SMARAGDI FILIPPAKOPOULOU
by SMARAGDI FILIPPAKOPOULOU , Secretary , Public sector (temporary job)

1. To stand out of their competitors

2. To expand their business & profits.

3. To last 

To achieve its objectives, as defined  by the owner

padmakumar pathiyil
by padmakumar pathiyil , Marketing Consultant , Management Consultancy

Profit

HANNA SABA
by HANNA SABA , Team Leader (Administrative Support), including translation, editing, and writing , Deloitte

There are two types of businesses: for-profit and non-profit. Whereas the basic goal of a for-profit business is to make profits, non-profit businesses- charities, humanitarian organizations, etc.- have other goals- i.e basically to help human beings. However, non-profit organizations need to be financially sustainable and should take good care of their finances. They may need to achieve surpluses ( excess of revenues over expenditures) to remain viable and for future growth and expansion.

Mohammad Tohamy Hussein Hussein
by Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

That depends on the type of business.

Non-profit organizations' goal is to effectively and effeciently provide the subject service to the targeted people as they perceive it.

Pofit seeking organizations' goal is to acheive sustainable competitive profitability.

Government organizations's goals are to effectively and effeciently provide the subject service to the targeted people as they perceive it, protect and control the community, & lead the compunity's growth.

Siraj Uddin Khan
by Siraj Uddin Khan , Administration & Transport Manager , Island Express Passengers Transportation

The basic goal of any business is to generate Revenue or Social Welfair either of them will be the basic goal. 

Apart from that Managemet can setup different goals on different occations, time period and different situations but they are classified as short term goals, while the basic goals are classified as long term goals.

Muhammad Hanif Khan
by Muhammad Hanif Khan , WildLife Watcher , Dir WildLife Division, Government of Khyber Pakhtunkhwa.

To give such a product to the Market, that gives you more and more profit.

Complete success in achieving all the goals and the strategy  according to the study in the designated time for the constituent or organization or company.

Ali Hammad Naeem
by Ali Hammad Naeem , SUPPORT CONSULTANT

To replicate the ideas of management towards the success of the organization

Umer Aziz
by Umer Aziz , Senior Accountant , TERNA Bahrain Holding - GEK Group (www.terna.gr)

To maximise the profit

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